Bank of England Reassures Stablecoin Regulation – Limits Set as Temporary Measures

The Bank of England has clarified that its temporary restrictions on stablecoin holdings and transaction sizes will be lifted once financial systems adapt. Deputy Governor Sarah Breeden stated the limits were intended only as a temporary measure to ensure stability in the financial system, while allowing time for the structure of real-economy financing to adjust. These measures will be removed when it is clear that the transition to stablecoins doesn’t pose a threat to providing essential financial services to businesses and households.